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In this review of retrospective European merger studies we provide a discussion of the price effect of analysed mergers and examine whether the antitrust agency made the right decisions. We find that remedied mergers, on average, were not followed by a price-increase, suggesting that, in our...
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One of the central tenets of industrial organisation is that increasing/decreasing market concentration is likely to lead to increased/reduced markups. But does this affect every consumer to the same extent? Previous literature agrees that there can be significant price dispersion even in the...
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Apple iOS is a closed platform;Google Android is open. In this paper,we combine data on iOS and Android tablet sales with data on the top 1000 mobile applications from both platforms for five European countries and estimate a structural demand model.We find that the quality of applications...
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This paper draws from the view of social historians and hypothesizes that both wealthy and Protestant residents of Dublin were fleeing the city due to distaste for its local government politics and taxation, in an era when local government was gaining importance. We use a limited...
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Major record labels have direct and indirect ownership in Spotify, which raises the obvious question: do major labels use their influence over music streaming to make it harder for their upstream competitors (independent labels) to compete. In search of evidence to answer this question, this...
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